Rio Tinto . expects its lithium business to grow faster than its copper, iron ore and other divisions as it works to triple production by 2028 for the electric vehicle and battery storage markets, an executive said on Tuesday.
Investors with an interest in Mining - Miscellaneous stocks have likely encountered both Rio Tinto (RIO) and BHP (BHP). But which of these two companies is the best option for those looking for undervalued stocks?
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Rio Tinto and China Baowu reach a low-carbon steelmaking milestone, proving Pilbara Blend ore works in industrial-scale direct reduction trials.
Rio Tinto Group (RIO) Presents at Bank of America Global Metals Mining Steel Conference 2026 Transcript
Rio Tinto Group (RIO) Shareholder/Analyst Call Transcript
The Jesuits in Britain, a Catholic religious order, may sell its stake in Rio Tinto following unsuccessful engagement with the mining giant over environmental concerns in Madagascar and Guinea, its head of ethical investments said on Wednesday.
Production was broadly in line with or ahead of expectations, yet achieving full-year guidance requires sustained elevated run rates at Pilbara, concentrating execution risk in the remaining quarters. Rising diesel, FX, and input costs are pushing margins toward the high end of guidance, while sell-side estimates are starting to move lower on weaker volumes and higher operating expenses. Despite supportive commodity prices, the stock appears priced to perfection, even accounting for a higher EV/EBITDA.
Rio Tinto's copper surge, lithium push and green aluminum bets highlight growth, while Southern Copper ramps multi-billion projects amid rising costs and margin pressure.
Graphene Manufacturing Group Ltd (TSX-V:GMG, OTCQX:GMGMF) said it has appointed a former senior executive from Rio Tinto Ltd as chief production growth officer, as the company looks to scale up its graphene manufacturing operations globally. The Brisbane-based company said Stuart Watson, who previously served as global head of technical development at Rio Tinto, will join its senior leadership team to help expand production capacity and support commercialization efforts.
European stocks are expected to open broadly higher on Tuesday as investors try to gauge the direction of efforts to end the U.S.-Iran war.
Shares in Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM) rose 10% to 40.20p after the company published a definitive feasibility study for its Kasiya rutile and graphite project in Malawi, confirming a pre-tax net present value of $2.2 billion against initial capital expenditure of $727 million. The study, completed with technical oversight from Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF), projects steady-state annual EBITDA of $476 million and free cash flow of $452 million over a 25-year mine life, with total revenue of $16.2 billion.